Appliance Depreciation Calculator
Find out what your appliance is worth today. Enter its original cost, expected useful life, salvage value and how long you have owned it to get the current book value and accumulated depreciation.
years
years
Depreciation method
Estimated value of the appliance today after depreciation
- 1
Depreciable amount
1,200 − 100 = 1,100 - 2
Annual depreciation
1,100 ÷ 10 = 110 - 3
Accumulated depreciation
110 × 4 = 440 - 4
Current book value
1,200 − 440 = 760
How does this calculator work?
Enter purchase price, salvage value, useful life and years owned. Straight-line: (Cost − Salvage) ÷ Life per year. Double-declining balance: Book Value × (2 ÷ Life) per year, floored at salvage. Current value = Cost − Accumulated Depreciation. Useful-life figures are estimates — real resale prices vary.
Formula
How this is calculated
Depreciation spreads the cost of an asset over its expected useful life. For appliances, three methods are common. Straight-line (SL) charges the same amount every year: annual depreciation = (purchase price − salvage value) ÷ useful life. It is simple, predictable and works well for appliances like refrigerators or washing machines that wear evenly.
Double-declining balance (DDB) charges twice the straight-line rate applied to the remaining book value each year, so depreciation is highest in the early years and falls off as the appliance ages — useful for technology-heavy appliances that lose value quickly. The 150%-declining-balance variant works the same way but uses 1.5× the straight-line rate, giving a moderate acceleration. In both declining-balance methods, the book value cannot fall below the estimated salvage value.
These figures are estimates useful for insurance claims, resale pricing or household asset tracking, not necessarily the market value a buyer would pay. Real resale prices depend on brand reputation, condition, local market and buyer demand. For insurance purposes, check whether your policy covers replacement cost or actual cash value (which is closer to this calculation).
Frequently asked questions
Useful-life estimates vary: refrigerators 10–15 years, washing machines 10–12 years, dishwashers 9–10 years, microwave ovens 9 years, dryers 10–13 years. These are industry averages; quality and maintenance habits can extend or shorten the life significantly.
Salvage value is the amount you expect to receive when the appliance is scrapped, sold for parts or traded in at the end of its useful life. For most household appliances this is very low — often 0–5% of the original cost. If you are unsure, leave it at a small positive number rather than zero.
Not necessarily. Book value from a depreciation schedule is an accounting estimate. A well-maintained, popular appliance may fetch more than its book value on the second-hand market, while an obsolete or faulty one may fetch less. Use the book value as a starting point when pricing a resale or filing an insurance claim.
Also known as
TG we-Calculate Editorial Team. (2026). Appliance Depreciation Calculator [Online calculator]. TG we-Calculate. https://we-calculate.com/calculator/appliance-depreciation-calculator
TG we-Calculate Editorial Team. "Appliance Depreciation Calculator." TG we-Calculate. 2026. https://we-calculate.com/calculator/appliance-depreciation-calculator.
TG we-Calculate Editorial Team, "Appliance Depreciation Calculator," TG we-Calculate, 2026. [Online]. Available: https://we-calculate.com/calculator/appliance-depreciation-calculator
@misc{wecalculate_appliance_depreciation_calculator, title = {Appliance Depreciation Calculator}, author = {{TG we-Calculate Editorial Team}}, howpublished = {\url{https://we-calculate.com/calculator/appliance-depreciation-calculator}}, year = {2026}, note = {TG we-Calculate} }
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